Both online and at 750 branches throughout the Northeast, Sovereign Bank offers Sovereign Free Student Checking with no minimum balance required, no maintenance fee and free incoming wire transfers.
I have tried many student checking accounts with many different banks. This one has proved to be the only totally free checking account zero fees. They even forgave me three times when my account was unwittingly overdrawn. There's also soveriegn ATM's like everywhere and they don't charge you for using your debit card.
Overall, the Free Student Checking account at Sovereign Bank has been an excellent checking account for me. I did run into many many issues when it came to the online banking portion. It turned out that this was because the man who created my account for me entered the wrong social security number. If you sign up for an account, make sure they're entering the right numbers!
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.62%  |
4.67% |
| 30 Year Fixed | 5.15% | 5.15% |
| 1 Year ARM | 3.48% |
3.51% |
| 5/1 Year ARM | 3.62% |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89%  |
4.88% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.61% |
7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% | 0.38% |
| 12 Month CD | 1.13%  |
1.15% |
| 60 Month IRA CD | 2.40% |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.66% |
12.68% |
| No Annual Fee Cards | 12.08% |
11.97% |
| Reward Cards | 12.75% |
12.61% |
| Small Business Cards | 11.01% |
10.94% |
| Student Cards | 13.77% |
13.49% |
| Platinum Cards | 12.26% |
12.11% |
